FIA Releases CCP Tracker
FIA has released the first version of its CCP Tracker, a set of online interactive visualizations that provide insights into the financial resources and risk exposures of derivatives clearinghouses. Clearinghouses
“Clearinghouses are major components of the financial system and their importance has increased since the 2008 financial crisi
The CCP Tracker covers 10 major clearinghouses in the US, Europe and Japan and displays data on initial margin, default fund resources, margin breaches, stress loss exposures and clearing member concentration. The visualizations cover data related to futures, options and swaps cleared at these CCPs. FIA expects to increase the number of clearinghouses and data fields covered by the CCP Tracker in future releases, depending on demand from FIA members and other stakeholders.
“Our goal with the CCP Tracker is to simplify the efforts by clearing members and their customers to understand the risk management practices of the clearinghouses they use,” said Will Acworth, Senior Vice President of Publications, Research and Data. “By compiling data from CPMI-IOSCO quarterly public quantitative disclosures from 10 major clearinghouses, we are providing a convenient single source for these critically important metrics, and we look forward to adding more clearinghouses and more visualizations in the coming months.”
CCP Tracker joins a suite of data products published by FIA: the FCM Tracker, which provides insights on the financial condition of futures commission merchants in the US; the SEF Tracker, which displays statistics on volume and market share trends on swap execution facilities; and, a monthly report on exchange-traded derivatives volume and open interest. FIA provides these data products as a service to its members and as part of its mission to promote better understanding of the global derivatives markets.
IRS trading volumes have fragmented without an equivalence agreement.
Phase 5 of the uncleared margin rules came into effect on 1 September.
Triparty repos can be executed across U.S. Treasury securities to central clearing.
CEDX opened on 6 September, offering contracts on Cboe Europe single country and pan-European indices.
A significant proportion of total collateral held with CCPs globally can be automatically optimized.